301-319 E Lake St - Portfolio

Retail: Strip Center

301 - 319 E Lake St, MinneapolisMN 55408

Property Details

Location

Address
301 - 319 E Lake St, MinneapolisMN 55408
County
Hennepin
Submarket
MN - Southeast

Building Size

Building Size
41,000 SF

Building Details

Type
 Retail: Strip Center
Number of Buildings
1
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
2
Year Built
1901
Sprinklers
Primary Const.
Brick
Parking Ratio

Land & Utilities

Land (Acres)
0.24 Acres
Land (SF)
10,454 SF
Electricity
Yes
Sanitary Sewer
Yes, City, City of Minneapolis
Water
Yes, City, City of Minneapolis
Zoning
C1
Lot Depth
Lot Width

Contacts

Current Listings

E Lake Business Centers and Shopping Centers for Sale

This is part of a portfolio package including the following properties

-301-309 E Lake St: Price: $3,500,000

-311-319 E Lake St: Price $2,000,000

-3018 3rd Ave S: Vacant Lot: $370,000

-The subject properties located at the heart of E lake Street business Centers

and shopping centers . It is great mixed commercial use , offices and retail

use , the roof , HVAC are renovated recently , interior of the buildings and

entire exterior of the building will be renovated soon , and the owners will

spend over $600,000 just entire exterior of the buildings not included the

landlord leasehold improvements for interior of the building , Majorities of the

current leases are due to for renewal and the rental incomes can be increased

substantially .

-The Two story buildings have great potential for any prospective buyers ,

investors, owner occupied , redevelopment opportunities etc .

-The agents can verify the Measurements , it is approximately over 41,000 SFT ,

close to a one block .

-Finance type : Cash and Conventional , SBA

This is part of a portfolio package including the following properties

-301-309 E Lake St: Price: $3,500,000

-311-319 E Lake St: Price $2,000,000

-3018 3rd Ave S: Vacant Lot: $370,000

-The subject properties located at the heart of E lake Street business Centers

and shopping centers . It is great mixed commercial use , offices and retail

use , the roof , HVAC are renovated recently , interior of the buildings and

entire exterior of the building will be renovated soon , and the owners will

spend over $600,000 just entire exterior of the buildings not included the

landlord leasehold improvements for interior of the building , Majorities of the

current leases are due to for renewal and the rental incomes can be increased

substantially .

-The Two story buildings have great potential for any prospective buyers ,

investors, owner occupied , redevelopment opportunities etc .

-The agents can verify the Measurements , it is approximately over 41,000 SFT ,

close to a one block .

-Finance type : Cash and Conventional , SBA

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